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10 Tips for First-Time Homebuyers

10 Tips for First-Time Homebuyers Be picky, but don’t be unrealistic . There is no perfect home. Do your homework before you start looking . Decide specifically what features you want in a home and which are most important to you. Get your finances

7 Reasons to own your own house

7 Reasons to Own Your Own Home Tax breaks . The U.S. Tax Code lets you deduct the interest you pay on your mortgage, property taxes you pay, and some of the costs involved in buying your home. Gains . Between 1998 and 2002, national home prices increased

Preparing for homeownership

10 Steps to Prepare for Homeownership 1. Decide how much home you can afford. Generally, you can afford a home equal in value to between two and three times your gross income. 2. Develop a wish list of what you’d like your home to have. Then prioritize

8 ways to improve your credit

8 Ways to Improve Your Credit Credit scores, along with your overall income and debt, are a big factor in determining if you’ll qualify for a loan and what loan terms you’ll be able to qualify for. 1. Check for and correct errors in your credit

preparing to buy a home

8 Steps to Getting Your Finances in Order Develop a family budget . Instead of budgeting what you’d like to spend, use receipts to create a budget for what you actually spent over the last six months. One advantage of this approach is that it factors